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  • #621
  • Apr 7, 2016 10:37am Apr 7, 2016 10:37am
Quoting lastingwell
If anyone wants to go to the new thread, I have started a new one for TMS newbies, I will copy and paste some of the gems from here over to there: http://www.forexfactory.com/showthread.php?p=8860558#post8860558
Excellent!
Silence your Ego & Your Power will Rise
  • #622
  • Apr 7, 2016 10:42am Apr 7, 2016 10:42am
Quoting lastingwell
If anyone wants to go to the new thread, I have started a new one for TMS newbies, I will copy and paste some of the gems from here over to there: http://www.forexfactory.com/showthread.php?p=8860558#post8860558
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #623
  • Apr 7, 2016 10:54am Apr 7, 2016 10:54am
see you all over there!!!!!
Fib(onacci) my way to glory
  • #624
  • Apr 7, 2016 1:57pm Apr 7, 2016 1:57pm
Quoting Davit
Someone asked about GC well look Perfect bounce from 61S Pivot are there and not repainting.This is live. By simply looking at it one can determine that going long is "late" that's because of weekly pivot is closing in. Daily price is closely dropping off 10EMA and that should be a warning sign that down trend is still intact.In matter of minutes we just eliminated a late entry potentially a losing trade. Just showing how can pivot help you but not changing TMS.Be open minded please
Davit,

I am still a total beginner in early backtesting phase, but the bit in red above is exactly the problem I am having on several trades in backtesting. Could you please do me a favor and post a link to a thread on the use of this indicator and Fib pivots please?

cheers
N.
  • #625
  • Apr 7, 2016 3:45pm Apr 7, 2016 3:45pm
Quoting Nostromo
{quote} Davit, I am still a total beginner in early backtesting phase, but the bit in red above is exactly the problem I am having on several trades in backtesting. Could you please do me a favor and post a link to a thread on the use of this indicator and Fib pivots please? cheers N.
all my indicators are on my files
profiles files indicators and template
In trading, you have to be defensive and aggressive at the same time
  • #626
  • Apr 7, 2016 4:30pm Apr 7, 2016 4:30pm
Quoting Davit
{quote} all my indicators are on my files profiles files indicators and template
Thanks Davit for sharing your knowledge and your guidance It helps a lot as I am trying to master TMS for 30m and also other TFs

Quoting lastingwell
If anyone wants to go to the new thread, I have started a new one for TMS newbies, I will copy and paste some of the gems from here over to there: http://www.forexfactory.com/showthread.php?p=8860558#post8860558
Great! See you all there!
  • #627
  • Apr 7, 2016 4:48pm Apr 7, 2016 4:48pm
Quoting forex-newbie
{quote} Thanks Davit for sharing your knowledge and your guidance It helps a lot as I am trying to master TMS for 30m and also other TFs {quote} Great! See you all there!
Good advise from 30yr experience professional trader sweetaction

"Currency Pairs

Like all businesses I have a suite of products that we know as currency pairs, anybody that says they trade any pair any time frame is an IDIOT, you cannot trade something with any sort of confidence if you don't study it.

Question - Most large commercial traders, stick to a currency pair or two, why is that
Answer - because they become an absolute specialist at it, they may not be on first name basis with everyone they are trading against in the market but they know their habits they study them like an opposing team studies its opposition.

Let me also put this out there, if you have a heart problem are you

1. Going to a cardiologist for specialist treatment
2. Are you going to the GP down the road who treats everything from the flu to a sprained ankle

Just like a real relationship in life you have to get intimate with your pairs, for example

- what news affects them the most
- what time is the most active for them
- how volatile are they and the reasons for it, (Crosses are more volatile than majors for example)

this is called getting to know your product suite, you wouldn't buy a car from someone who couldn't tell you anything about it so don't listen to a trader who says they trade everything and everywhere, this is complete BULLSH!T.
99% of Traders fail, so don't follow the herd"
In trading, you have to be defensive and aggressive at the same time
  • #628
  • Apr 7, 2016 5:11pm Apr 7, 2016 5:11pm
Quoting Davit
{quote} Good advise from 30yr experience professional trader sweetaction "Currency Pairs Like all businesses I have a suite of products that we know as currency pairs, anybody that says they trade any pair any time frame is an IDIOT, you cannot trade something with any sort of confidence if you don't study it. Question - Most large commercial traders, stick to a currency pair or two, why is that Answer - because they become an absolute specialist at it, they may not be on first name basis with everyone they are trading against in the market but...
Excellent and sound advice. Do you have any recommendation of currency pairs for newbie in M30 TF?
  • #629
  • Apr 7, 2016 5:19pm Apr 7, 2016 5:19pm
Quoting forex-newbie
{quote} Excellent and sound advice. Do you have any recommendation of currency pairs for newbie in M30 TF?
Focus on majors EU and GU.Try to understand the fundamentals as much as you can.Lot of traders just trade EU alone.
EU in most brokers has the cheapest spread.Over 100 trades this is important.
In trading, you have to be defensive and aggressive at the same time
  • #630
  • Apr 7, 2016 5:22pm Apr 7, 2016 5:22pm
Thanks Davit for your recommendation.

Quoting lastingwell
If anyone wants to go to the new thread, I have started a new one for TMS newbies, I will copy and paste some of the gems from here over to there: http://www.forexfactory.com/showthread.php?p=8860558#post8860558
Lastingwell, can you copy Davit's recent posts in this thread to your new thread? It is too valuable to be deleted later
  • #631
  • Apr 7, 2016 7:22pm Apr 7, 2016 7:22pm
Quoting Davit
{quote} all my indicators are on my files profiles files indicators and template
Thanks a bunch davit!
  • #632
  • Apr 8, 2016 12:30am Apr 8, 2016 12:30am
Quoting forex-newbie
Thanks Davit for your recommendation. {quote} Lastingwell, can you copy Davit's recent posts in this thread to your new thread? It is too valuable to be deleted later
Ok I'll do that.
  • #633
  • Apr 8, 2016 5:08am Apr 8, 2016 5:08am
Thanks for starting this.
I have also subscribed.
When the going gets tough , the tough get going
  • #634
  • Jun 13, 2018 6:32pm Jun 13, 2018 6:32pm
Quoting v2vboni
{quote} Hi MrAussieFx or veteran TMS traders... Just wanted to get more info about the clock rule or if you could expand a bit more on this part - ( please see the screenshot from your earlier post below). Please illustrate or provide us more info on what actually happened during a TDI cross (the levels or sentiment already been established). IMO, the clock rule or the angles between 12-2 & 4-6 is depending on the size ( one or up to three candle sticks) of BEOB or BUEOB type of PA (others detecting the so called Pop Gun). Then, from my understanding...
please give the above clock indicator
  • #635
  • Last Post: Mar 15, 2024 3:28am Mar 15, 2024 3:28am
Lots of wisdom on this thread!
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